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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: mark silvers who wrote (12351)4/27/1998 5:08:00 PM
From: knight  Read Replies (2) of 20681
 
Mark, good point on the proximity, about a 30 mile haul one way if memory serves me correctly. Nothing wrong with that. Would Cal allow the excavation of the deposit tho? At least on a large enough scale, although the fact that Naxos has the disturbance permits for the drilling is encouraging enough. To get to the mining stage might require some intense lobbying and costly environment studies/plans for the development of FL. At the very least, they would have to haul the tailings back for complete reclamation. Naxos needs a major for J/V'ing this project.
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